Sew Hoy & Sons Ltd (In Receivership and in Liquidation) v Coopers & Lybrand - [1996] 1 NZLR 392

Practice and procedure — Striking out proceedings — Causation — Claim in tort and contract against auditors — Allegations of negligence and breach of duty in overvaluing stock — Consequent overstatement of surplus of assets over liabilities and net operating profits — Plaintiff alleging overstatement influential in decision to continue to trade with resultant losses — Sufficiency of plea — Whether particularisation of causative links required.